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NIA Pune Fees 2025

Balewadi, Pune

4.4 /5

(17 Reviews)

172 Student Q&A

Private Institute
Estd. 1980

Last updated on 4 Oct '24

National Insurance Academy Pune Fees
What’s new?

The CAT 2024 result has been declared for NIA Pune admission to the MBA/PGDM courses. Candidates can log in and download their scorecards on the official website.

Here are some additional updates:

The CMAT 2025 exam is now over for admission to the MBA, PGDM, and MMS courses. The CMAT 2025 result is expected to be announced by the last week of Feb 2025.

National Insurance Academy Pune Fees

Table of content

NIA Pune Fee Structure
National Insurance Academy Pune Scholarships
National Insurance Academy Pune Student Reviews

NIA Pune Fee Structure

The fee structure of NIA Pune is a combination of various components, such as tuition fee, hostel fee, and other security deposits, etc. Candidates need to pay the course fee as per the frequency set by the college. NIA Pune fees further depends upon the course or specialisation selected by the students. Please find the total tuition fee for all NIA Pune courses in the following table:

Course	Total tuition fees
MBA/PGDM (1 Courses)	₹ 11 L
PG Diploma (2 Courses)	₹ 9.44 K
Certificate (2 Courses)	₹ 4.72 K

The fees is for the entire duration of the respective courses.

Commonly asked questions
On Fees Overview

Q: What is the fees for MBA at National Insurance Academy- NIA?

PGDM is a two-year management programme that costs Rs. 11.25 Lacs at the National Insurance Academy (NIA) in Pune. Besides areas such as human resource, marketing and finance, other management subjects include IT and insurance related topics. NIA presents its students with an opportunity of undertaking summer internships within private insurance companies from different Multinational corporations dealing with public sector general insurances. After successfully completing the course, one is likely to earn about Rs 7.56 Lacs per annum on average with leading placement firms being HDFC Bank, ICICI etc., among others.

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Q: How can I withdraw the fee, which I have paid at NIA?

Please put a mail to the admission office regarding the same. Including your transaction details and to which account you want yo receive the same. NIA will be following all the procedures as per the AICTE rules and regulations for withdrawal of admission. Don't forget to mention your registration no. And the date of selection and GD/PI details.

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National Insurance Academy Pune
MBA/PGDM Fees 2025

Aspirants looking to enroll in MBA/PGDM offered at National Insurance Academy- NIA need to pay a total tuition fee of INR 11,00,000. The above-mentioned fee consists of tuition fees, admission fees, lab fees, library fees, etc. The total fee is charged for the entire duration of the course. Interested students can check out the following table to learn about the detailed National Insurance Academy- NIA MBA/PGDM fee breakup:

Fee components	Amount (for 2 years)
Tuition	₹ 11 L
Hostel The fees might include components other than hostel fees. Meal Plan is included in mentioned fee.	₹ 3.5 L
Total fee	₹ 14.5 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 4.5/5 (17 Reviews).View placement details

Get Admission Details

National Insurance Academy Pune
MBA/PGDM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
National Insurance Academy Pune	11 L	3.5 L
ATLAS SkillTech University Compare	11.45 L	-/-
Atlas SkillTech University, School of Management and Entrepreneurship Compare	11.45 L	-/-
IIMS Pune Compare	9.63 L	1.16 L
Vivekanand Business School Compare	9.5 L	4.3 L

The value are of the latest years available with Shiksha.

View comparisons

National Insurance Academy Pune
PG Diploma Fees 2025

National Insurance Academy- NIA PG Diploma fee is same for all of the offered specialisations. Students need to pay a total tuition fee of INR 9,440 to secure their spot at the institute. National Insurance Academy- NIA PG Diploma fee structure includes several components, such as tuition fees, library fees, etc. Find below the detailed fee structure for PG Diploma offered at National Insurance Academy- NIA:

Fee components	Amount (for 3 months)
Tuition	₹ 9.44 K
Total fee	₹ 9.44 K

These are estimated fees information. Actual values may differ.

Get Admission Details

National Insurance Academy Pune
PG Diploma Fees Comparison

Colleges	Tuition Fees	Hostel Fees
National Insurance Academy Pune	9.44 K	-/-
IBMS Compare	14.2 K	-/-
Dr DY Patil ACS College Pimpri Compare	25.91 K	-/-
ILAM Compare	-/-	-/-
EBS Compare	-/-	-/-

The value are of the latest years available with Shiksha.

View comparisons

National Insurance Academy Pune
Certificate Fees 2025

At the Certificate level, National Insurance Academy- NIA offers Certificate in the field of Banking, Finance & Insurance. The total tuition fees for the programme is INR 4,720. National Insurance Academy- NIA Certificate fee structure includes tuition fees, hostel charges, mess charges, lab fees, etc. Students can check out the below-mentioned table to know about National Insurance Academy- NIA Certificate fees:

Fee components	Amount (for 3 months)
Tuition	₹ 4.72 K
Total fee	₹ 4.72 K

These are estimated fees information. Actual values may differ.

Get Admission Details

National Insurance Academy Pune
Certificate Fees Comparison

Colleges	Tuition Fees	Hostel Fees
National Insurance Academy Pune	4.72 K	-/-
Society for Employment Promotion & Training in Twin Cities Compare	5 K	-/-
CADLine INDIA Compare	7.5 K	-/-
NIFT Hyderabad Compare	-/-	-/-
SGBAU Amravati Compare	-/-	-/-

The value are of the latest years available with Shiksha.

View comparisons

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National Insurance Academy Pune
Scholarships

NIA gives 9 scholarships of Rs. 1 lac each to meritorious students, girl students, eligible students belonging to specified categories including students belonging to economically weaker sections. These scholarships are subject to prescribed attendance, Academic Performance and good conduct.

View Scholarship Details

National Insurance Academy Pune
Students Ratings & Reviews

4.4/5

17 Verified Reviews Info Icon

4-5
13
3-4
4

Placements4.6

Infrastructure4.4

Faculty & Course4.1

Campus Life4.4

Value for Money4.5

Rohit Ram P Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2022

4.6

5Placements4Infrastructure4Faculty5Crowd & Campus Life5Value for Money

PGDM at NIA opens up a world of opportunities.

Placements: NIA offers 100% placements from its inception. This year, the average package offered is 10.3 LPA. The highest package offered was 29.5 LPA. 30% of the batch got PPOs during their summer internships. Core insurance roles, B.A roles and consulting roles are the major roles offered.

Infrastructure: The NIA campus is beautiful. The classrooms, hostels and library are the best in class. All necessary modern amenities are provided in the hostels. Modern sports and gym facilities are available. The mess is attached to the hostel, which serves decent food.

Faculty: At NIA, you have industry experts to make us understand the concepts in-depth. The curriculum is designed in a way that makes us industry-ready after 2 years of PGDM. We have a trisemester program, where an SIP is scheduled after 3 trisemesters. The exams are scheduled after each trisemester.

Other: The ROI at NIA is unmatchable with colleges of similar level. The insurance industry is currently known as the Sunrise industry, with a huge potential to reach out in the next decades to come, with a tremendous CAGR. A variety of events like HR Summit, Insurance Summit and Manthan are held every year to add an extra spice to your college life.

Reviewed on 25 Jan 2022Read More

Abhishek Mandal Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2020

4.6

5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money

Mecca of Insurance with 100% placements .

Placements: Top insurance companies/brokers and Insuretech companies come in zero-day for placements and the batch had 100% placements. This batch had a record of PPOs, the packages are at par with industry standards, the roles offered were Underwriters, claims, business analyst etc. All of them play a pivotal role in the insurance industry.

Infrastructure: The library is well maintained with real-time check-in and check-outs, resident doctors are present on the campus every day. The college has a well-equipped gym and games centre. It also has a swimming pool, sauna as add one. One of the drawbacks is that the hostel does not have a Wi-Fi but the hostel is cleaned every day by the housekeeping and proper hygiene is maintained.

Faculty: The teachers are qualified as they are mostly professionals who come directly from the insurance industry. They are Masters in their respective domains and the knowledge imparted is unique and they give the right stepping stone for entering the insurance industry. Students get the chance to meet many professional through the Insurance Summit, HR summit and CD Deshmukh seminar.

Other: The college has a lush green campus in Pune and they are one of the premier institutions in India. The college fest Nathan is one of those events which is completely organized by students and students from other B-Schools come to participate in those events.

Reviewed on 8 May 2020Read More

Suman Saurabh Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2017

4.6

5Placements5Infrastructure4Faculty4Crowd & Campus Life5Value for Money

Satisfied with college, its campus, facilities and course. It was a great experience.

Placements: Excellent placement, with a minimum package of 6 Lacs. There is almost 100% placement. Companies from IT sector, insurance sector, broking, consultancy firm took participate in the placement. The lowest was 6 Lacs and the highest was 10 Lacs. Roles like Underwriter, B.A. manager were offered. 100% of student got internship from the college. There is a separate placement cell in the college, who looks the placement process.

Infrastructure: Excellent greenery campus with all the facilities. Campus has all the facilities like library with all the amenities. Computer labs. There is a separate gymkhana for boys and girls with swimming pool. Food quality is average, only on Saturday, there is a special dinner. Hostel rooms are big, enough for two boys. We did not faces any infrastructure issues during our course period.

Faculty: All the faculty members are experienced with industry exposure. Faculty members come from the insurance industry and from other sectors best in their areas. There is no problem regarding faculty members. There are guest faculty members also for many subjects. Practical approach is mostly preferred. During our course period, we got the Industry exposure.

Other: FAIR seminar, HR summit, Film fest and many more.

Reviewed on 21 Apr 2018Read More

Sahil Puri Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2018

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

The best institute to study in.

Placements: National Insurance Academy holds a record 100% placement since inception and has been regarded as one of best colleges in insurance industry. Regular recruiters include IFFCO Tokio GIC, SBI Life, SBI General, Bajaj Allianz GIC, Hlobal insurance brokers, etc.

Infrastructure: Campus of National Insurance Academy is spread over 32 acres with facilities live indoor badminton court, gymnasium, pool table, etc. It has world-class lecture halls. The institute also have an amazing library which includes journals, books and newletters.

Faculty: The course curriculum includes both management and insurance related subjects and the faculty includes both industry experts amd academicians. Thirty five percent of the course curriculum includes subjects eelates to insurance and rest general management.

Reviewed on 11 Apr 2018Read More

Shubhankar Kabu Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2018

3.8

4Placements5Infrastructure3Faculty3Crowd & Campus Life4Value for Money

Get ready for a lifetime opportunity and experience at NIA, Pune.

Placements: At NIA you can set back and relax as far as placements are concerned. Since inception, NIA has boasted 100% placement record. The list of recruiters includes Global, Marsh, JLT India, TCS, LNT, Mahindra, Accenture, Cognizant, IBM, Tata AIG, IFFCO TOKIO, ICICI Lombard, HDFC ERGO, Edelweiss, ICICI Prudential etc. Summer internship opportunities with PSU GICs. The highest package is 11.7 LPA, and the average stands at around 7.3 LPA.

Infrastructure: The best infrastructure you can get in the whole of Pune for MBA course. Lush green 32 acres campus with sprawling and mesmerising beauty. Swimming pool, badminton court, TT table, 8 lecture halls, Full-size amphitheatre, and much more. The campus has 1.8 Km jogging track inside it.

Faculty: About 70% of the general management subjects and 30% of the insurance specialisation. Best in-house faculty and amazing guest lectures from external faculty and alumni. Guest lectures from the insurance industry experts are just unparalleled and provide the best insight into the current industry practices.

Other: The management fest Manthan is organised in this college. Also, it conducts HR summit Tatva, and insurance summit Taj Hotel Mumbai.

Reviewed on 22 Mar 2018Read More

Anindya Chakraborty Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2018

4.4

5Placements5Infrastructure3Faculty4Crowd & Campus Life5Value for Money

There is insurance, placements and fun.

Placements: The placements are seriously good in NIA. Since its inception, no student has been unplaced. This time also, all the students got placed in zero-day (first day of placement). The average package offered for this year was approximately Rs. 7.56 lakhs and the highest offer was Rs. 11 lakhs. As this is the most coveted institute for insurance in the country, almost all the top multinational insurance companies like Tata AIG, Bajaj Allianz, SBI Life, IFFCO TOKIO came to the campus. Some insurance brokers like Mahindra brokers, Aditya Birla brokers and some top information technology companies like Accenture, IBM, Syntel, L&T Infotech also came. All of these recruiters came for 16-18 placements. A good number of students got absorbed by the companies in which they did their internships (PPO). All in all, the placement at NIA are just great.

Infrastructure: The infrastructure in NIA is simply world class. All the lecture halls are air-conditioned and are properly equipped with the state of the art equipment. We have a library which is very easily the best library in Asia for the subject matter of insurance. A gym, table tennis, swimming pool, badminton and all the other recreational facilities are there on the campus. The campus itself is one of it's kind of lush greenery of utter grace.

Faculty: Most of the faculty consists of the industry experts as the subject needs experts, All of them have at least 20 years of working experience. The in-house faculty are amazing and can be reached anytime. The guest faculty are also organized for various subjects. The course curriculum consists of both general management and the insurance subjects. The students can take up the specialisation during the second year (finance, HR, marketing). Various seminars like insurance summit give the students the exposure of interacting with the industry experts and get a feeling of the corporate life.

Reviewed on 4 Dec 2017Read More

11 people found this helpful

View All 17 Reviews

National Insurance Academy Pune

Student Forum

Anything you would want to ask experts?

Write here...

I have got 64.6% in 10th, 72.6% in 12th, 58.6% in B.Com, 62% in M.Com and 88.36%ile in CMAT, can I get a call from NIA?

Answered a week ago

You have an advantage in getting a call from the National Insurance Academy (NIA), Pune, thanks to your stellar academic record of 64.6% in the 10th grade, 72.6% in the 12th, 58.6% in the B.Com., 62% in the M.Com., and an outstanding 88.36 percentile in the CMAT. Although NIA takes into account a co

Nidhi Kumari

Contributor-Level 10

What is the highest package offered at NIA Pune?

Answered a week ago

The highest salary package offered by the National Insurance Academy (NIA) in Pune, which had a 100% placement rate in the most recent placement cycle, was INR 22 Lacs annually. The average annual pay package was INR 12.30 lakh, while the median was INR 11.70 lakh. Bajaj Allianz, Swiss Re, Accenture

Nidhi Kumari

Contributor-Level 10

What is the average placement package offered at NIA Pune?

Answered 3 months ago

The institute has released the average package details for the PGDM batch 2022-24. The overall average package stood at INR 12.30 LPA. Furthermore, the average package for the top 10% and top 50% offers was INR 16.05 LPA and INR 14.10 LPA, respectively. The table below depicts the NIA Pune average p

Aarushi Kalra

Contributor-Level 10

What is the placement scenario at National Insurance Academy?

Answered 3 months ago

The key highlights of National Insurance Academy placements 2024 are tabulated below:

Particular	PGDM Placement Statistics (2024)
Placement rate	100%
Highest package	INR 22 LPA
Average package	INR 12.30 LPA
Median package	INR 11.70 LPA
Top 10% average package	INR 16.05 LPA
Top 50% average package	INR 14.10 LPA
Top 75% average package	INR 13.18 LPA
Total recruiters	29
New recruiters	11
PPOs received	57

Aarushi Kalra

Contributor-Level 10

I am appearing for CMAT. What should I fill in the score section when filling the admission form of NIA for PGDM?

Answered 6 months ago

You need to fill out the appropriate portion of the NIA PGDM admissions form with your CMAT results. You can leave it blank or use a placeholder that says "score awaited" if you haven't gotten your score yet. Make sure you adhere to the institution's scoring requirements and submit your score as soo

Muskan

Contributor-Level 10

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